KOTA KINABALU: An integrated clinker and cement plant will be built in Pinangah, Tongod, following a Joint-Venture Agreement between SEDCO and Sri Alam Setia Sdn Bhd that will
see the setting up of Borneo Cement (Sabah) Sdn Bhd to spearhead the development.
The project will ensure a consistent supply and cheaper cement prices in Sabah.
Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor witnessed the signing ceremony of
the JV agreement at Menara Kinabalu today.
SEDCO Chairman Datuk Rubin Balang and General Manager, Haizar R.H Ajaz Nabijan
signed on behalf of SEDCO, while Sri Alam Setia’s Managing Director Michael Kinsuan and
lawyer Hassan Murtaza signed on behalf of the company.
The clinker and cement plant will be built in Tongod, providing access to 5,000 tons of clinker per year, equivalent to 1.75 million tons of cement annually.
With Sabah market’s current requirement at 1.4 million tons per year, this project will not
only meet immediate needs but will also ensure future supply.
The project is set to transform Tongod, in line with the state government’s aspiration to
alleviate poverty by bringing in high-impact projects to create job opportunities.
The integrated clinker and cement plant is expected to create 1,000 jobs for the local
community.
A Memorandum of Agreement was also signed between Borneo Cement (Sabah) Sdn Bhd
and Sinoma Industrial Engineering (M) Sdn Bhd, the world’s and China’s largest cement
manufacturer and turnkey developer.
Sinoma Industrial Engineering (M) Sdn Bhd has committed to complete plant construction
within two years.
Chairman Datuk Masiung Banah signed for Borneo Cement (Sabah) Sdn Bhd, while Sun
Jian, who represented Sinoma chairman and Managing Director Liu Tao, signed for Sinoma,
respectively.-pr/BNN
